PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF (BATS: PJFM)

Ultime notizie per PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM)

Financial Services

Technology

Consumer Cyclical

Industrials

Real Estate

Utilities

Healthcare

Energy

Communication Services

Basic Materials

Consumer Defensive

Other

Under normal circumstances, the Fund invests at least 80 percent of the Fund's investable assets in equity and equity-related securities of medium-sized companies. The subadviser uses a combination of fundamental research and systematic portfolio construction. The Fund is an actively managed exchange-traded fund (ETF) and, thus, does not seek to replicate the performance of a specified index.

Nisource Inc.

Markel Corp.

Shift4 Payments Inc

Crown Holdings Inc.

Gaming And Leisure Properties Inc

Burlington Stores Inc

Churchill Downs Inc

Western Alliance Bancorp

Cbre Group Inc. Class A

Eldorado Gold Corp

Targa Resources Corp.

Wintrust Financial Corp

Cheniere Energy Inc.

Ralph Lauren Corp. Class A

Pinterest Inc. Class A

Axis Capital Holdings Ltd

Prudential Core Gov Mm Fu

Hilton Worldwide Holdings, Inc.

Independence Realty Trust In Reit

Performance Food Group Co

PGIM Jennison Focused Mid-Cap ETF

Baku,,Azerbaijan,-??,May,10,2015:,Facade,Of,Ralph,Lauren

Earnings

News

Guidance

KLXY

PJFM

Le azioni di Ralph Lauren sono in aumento dopo la pubblicazione dei risultati finanziari del quarto trimestre dell&#39;anno fiscale 2025.

Le azioni di Ralph Lauren in rialzo dopo i risultati finanziari

WIIM

Tyler Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY25 guidance.

RBC Capital analyst Deane Dray maintains Flowserve (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLS#NYSE">FLS</a>) with a Outperform and raises the price target from $64 to $66.

Price Target

Analyst Ratings

RBC Capital Maintains Outperform on Flowserve, Raises Price Target to $66

Wells Fargo analyst Michael Turrin maintains Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with a Overweight and raises the price target from $600 to $650.

MSFT

Wells Fargo Maintains Overweight on Microsoft, Raises Price Target to $650

GNRC

Generac Holdings shares are trading higher after multiple firms raised their respective price targets on the stock.

RBC Capital analyst Brad Erickson maintains Fiverr Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>) with a Sector Perform and lowers the price target from $35 to $28.

FVRR

RBC Capital Maintains Sector Perform on Fiverr Intl, Lowers Price Target to $28

Extra Space Storage shares are trading lower after the company reported worse-than-expected Q2 financial results and narrowed its FY25 FFO guidance.

Xerox Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XRX#NASDAQ">XRX</a>) shares tumbled sharply on Thursday after the company reported a wider-than-expected loss for the fiscal <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46750852/xerox-releases-second-quarter-results" rel="noreferrer noopener">second quarter of 2025</a> and significantly lowered its full-year guidance, raising concerns about the pace and impact of its ongoing strategic overhaul.
The document management and technology services provider posted a modest 0.1% year-over-year decline in revenue to $1.58 billion, slightly ahead of <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">the consensus estimate of $1.55 billion</a>. On a constant currency basis, revenue fell 1.1%.
However, the company&#8217;s bottom line deeply missed Wall Street expectations, with an adjusted loss per share of 64 cents compared to analysts&#8217; forecast of an 8-cent loss, triggering a steep sell-off in the stock.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45136577/xerox-misses-q1-estimates-in-seasonally-lowest-quarter-ceo-cites-macro-and-trade-uncertainties" rel="noreferrer noopener">Xerox Misses Q1 Estimates In Seasonally Lowest Quarter, CEO Cites Macro And Trade Uncertainties</a>
Second-quarter weakness was pronounced in the company&#8217;s equipment segment, where sales declined 5.6%. By contrast, post-sale revenue, which includes services, consumables, and financing, edged up 1.5%.
Gross margin contracted by 440 basis points to 28.6%. Equipment gross margin dropped dramatically by 1,050 basis points to 24.0%, while post-sale margin decreased by 260 basis points to 29.9%.
Adjusted operating income fell to $59 million from $85 million a year ago, with the operating margin narrowing by 170 basis points to 3.7%. Xerox ended the quarter with $449 million in cash and equivalents, but used $11 million in operating cash flow, a reversal from prior quarters that had seen positive free cash generation.
Chief Executive Officer Steve Bandrowczak attributed the company&#8217;s resilience in a volatile market to the early benefits of its Reinvention strategy, a multi-year transformation plan aimed at repositioning Xerox as a vertically integrated provider of workflow and technology solutions. A cornerstone of this plan is the acquisition of Lexmark, which Bandrowczak described as &#8220;an important milestone&#8221; in expanding Xerox&#8217;s IT and digital services capabilities.
&#8220;Our second quarter reflects the improved resiliency of financial results afforded by Reinvention,&#8221; Bandrowczak said in a statement. &#8220;Growth in IT and Digital Solutions helped deliver stable revenue, and a focus on costs preserved profitability amid a volatile operating landscape.&#8221;
<h2 class="wp-block-heading">Outlook</h2>
Looking ahead, however, the company struck a more cautious tone. Xerox lowered its full-year free cash flow guidance to $250 million, down sharply from the prior range of $350 million <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">to $400 million</a>.
It also cut its expected adjusted operating margin to 4.5%, below the previous forecast of at least 5.0%. The company now anticipates constant currency revenue growth of 16% to 17%, significantly above the earlier low single-digit outlook, largely reflecting the addition of Lexmark to its portfolio.
Despite management&#8217;s confidence in its long-term transformation, investors have yet to be convinced. Xerox shares have plummeted 51% year-to-date and have now missed consensus earnings estimates for four consecutive quarters. Revenue has fallen short in two of the last four.
The company said that the revised guidance includes Lexmark&#8217;s financial results beginning July 1 and reflects $30 to 35 million of expected tariff-related expenses, net of mitigation efforts, modest Lexmark-related synergies and a slightly more conservative Print equipment demand outlook amid ongoing tariff and government policy-related uncertainty.
Price Action: At last check Thursday, Xerox stock was trading down 21.7% at $4.09, reflecting deepening investor concern over both near-term execution risks and the viability of the company&#8217;s reinvention efforts.
Read Next:
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<li><a href="https://www.benzinga.com/markets/earnings/25/07/46760053/mastercard-stock-jumps-after-strong-q2-travel-spending-digital-services-fuel-revenue-beat-and-raised-outlook" target="_blank" rel="noreferrer noopener">Mastercard Stock Jumps After Strong Q2: Travel Spending, Digital Services Fuel Revenue Beat And Raised Outlook</a></li>
</ul>
Photo via Shutterstock

Movers

Xerox's 2025 Margin Cut Undermines Transformation Hopes

Wells Fargo analyst Michael Turrin maintains Confluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) with a Overweight and lowers the price target from $30 to $27.

CFLT

Wells Fargo Maintains Overweight on Confluent, Lowers Price Target to $27

Texas Pacific Land (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>) has outperformed the market over the past 15 years by 34.57% on an annualized basis producing an average annual return of 46.84%. Currently, Texas Pacific Land has a market capitalization of $22.67 billion. 
Buying $100 In TPL: If an investor had bought $100 of TPL stock 15 years ago, it would be worth $31,487.04 today based on a price of $986.09 for TPL at the time of writing.
<h3>Texas Pacific Land's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1753978520_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much $100 Invested In Texas Pacific Land 15 Years Ago Would Be Worth Today

RBC Capital analyst Ken Herbert maintains FTAI Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) with a Outperform and raises the price target from $130 to $160.

FTAI

RBC Capital Maintains Outperform on FTAI Aviation, Raises Price Target to $160

Stifel analyst Chris O'Cull maintains Mister Car Wash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCW#NASDAQ">MCW</a>) with a Hold and lowers the price target from $8.5 to $7.5.

Stifel Maintains Hold on Mister Car Wash, Lowers Price Target to $7.5

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Baird analyst Michael Ha downgraded UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) from Neutral to Underperform and slashed the price target from $312 to $198. UnitedHealth shares closed at $266.04 on Wednesday. <a href="https://www.benzinga.com/quote/unh/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc analyst Eric Heath downgraded the rating for Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) from Overweight to Sector Weight. Palo Alto shares closed at $183.03 on Wednesday. <a href="https://www.benzinga.com/quote/panw/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Ryan Brinkman downgraded Avis Budget Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) from Overweight to Neutral and maintained the price target of $155. Avis Budget shares closed at $172.59 on Wednesday. <a href="https://www.benzinga.com/quote/car/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst Rob Owens downgraded CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) from Overweight to Neutral and raised the price target from $440 to $448. CyberArk Software shares closed at $435.19 on Wednesday. <a href="https://www.benzinga.com/quote/cybr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Jamie Cook downgraded Fortive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTV#NYSE">FTV</a>) from Buy to Hold and slashed the price target from $60 to $55. Fortive shares closed at $49.65 on Wednesday. <a href="https://www.benzinga.com/quote/ftv/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying UNH stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="582" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31121330/image-510-1024x582.png" alt="" class="wp-image-1009509" style="width:588px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31121330/image-510-1024x582.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31121330/image-510-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31121330/image-510-768x436.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31121330/image-510.png 1093w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/07/46756402/top-2-risk-off-stocks-that-may-keep-you-up-at-night-this-month">Top 2 Risk Off Stocks That May Keep You Up At Night This Month</a></li>
</ul>

Downgrades

Markets

CYBR

PANW

This UnitedHealth Group Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday

RBC Capital analyst Matthew Hedberg maintains F5 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIV#NASDAQ">FFIV</a>) with a Sector Perform and raises the price target from $314 to $326.

FFIV

RBC Capital Maintains Sector Perform on F5, Raises Price Target to $326

Stifel analyst Nathan Jones maintains Zurn Elkay Water Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZWS#NYSE">ZWS</a>) with a Buy and raises the price target from $43 to $50.

Stifel Maintains Buy on Zurn Elkay Water Solns, Raises Price Target to $50

Macro Economic Events

Market Summary

Economics

General

QCOM

Benzinga Market Summary: Microsoft And Meta Gain On Earnings, S&P And Nasdaq Rise, Chip Stocks Fall Amid Multiple Earnings In The Sector

Investment firm Bernstein said in a new report that the current digital asset rally remains in its early innings, reaffirming its bullish stance on the broader crypto market despite a drop in <a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/07/46725934/robinhood-likely-to-report-higher-q2-earnings-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call#:~:text=Robinhood%20projects%20to%20report%20quarterly,the%20last%2010%20quarters%20overall.">second-quarter trading volumes</a>.
What Happened: "We believe we are still early in the crypto bull cycle," Bernstein analysts wrote in a Thursday note following Robinhood&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) Q2 earnings announcement.
The team highlighted the trading platform's ability to expand crypto-related revenues and product offerings despite flattish price action in Q2.
Robinhood posted a strong second quarter, with revenues up 46% year-over-year and adjusted EBITDA margin climbing to 56% from 51% in the prior quarter. 
While total crypto trading volume fell 39% sequentially due to lower market volatility, Bernstein pointed to a resurgence in activity in July. 
According to the report, Robinhood saw crypto volumes spike to six-month highs last month, suggesting stronger tailwinds heading into the second half of 2025.
The analysts said the recent price momentum in assets like Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and DeFi tokens coincided with renewed investor interest sparked by the upcoming Circle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) IPO and the growing narrative around stablecoins and tokenization. 
This, they argued, has driven fresh capital flows back into blockchain-based assets.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46754477/ethereum-etfs-treasury-companies-now-hold-over-32b-in-eth-heres-whats-driving-the-frenzy">Ethereum ETFs, Treasury Companies Now Hold Over $32B In ETH: Here&#8217;s What&#8217;s Driving The Frenzy</a>
Why It Matters: Bernstein also noted that Robinhood has continued to expand its crypto product offering despite the broader market's consolidation.
The firm cited several initiatives including the integration of Bitstamp, launch of a tokenized stock product in the EU, new staking features in the U.S., and additional token listings.
Importantly, the report observed that Robinhood's crypto take rate rose to approximately 57 basis points, reflecting improved pricing power. 
That figure is up nearly 20 basis points from the year prior. 
According to Bernstein, the company's gains in take rate, coupled with operating leverage and expanding product breadth, position it well as broader market activity picks up.
On the broader business front, Robinhood's assets under management rose 99% year-over-year to $279 billion, buoyed by rising market valuations and a steady stream of customer deposits. 
Net deposits reached $13 billion for the quarter, reflecting 25% annualized growth. Its "Gold" subscription product now boasts 3.5 million subscribers, up 76% year-over-year, while its Gold credit card surpassed 300,000 cards issued.
Bernstein reiterated its "Outperform" rating on Robinhood, maintaining a $105 price target. 
Notably, the stock closed at $106.10 on July 30, up 420% over the past 12 months. 
The firm sees continued upside in the second half of 2025, fueled by stronger crypto trading volumes and management's ability to execute.
"HOOD stock price has run up driven by increased investor appetite for Crypto exposure helped by a strong bull cycle," Bernstein wrote, adding that the company is delivering earnings in line with projections and that "we see HOOD continuing to deliver EPS closer to our estimates of $2.15."
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46753720/97-of-bitcoin-wallets-are-now-in-profit-what-does-it-mean-for-your-portfolio">97% Of Bitcoin Wallets Are Now In Profit — What Does It Mean For Your Portfolio?</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$ETH

$SOL

CRCL

HOOD

Robinhood Crypto Trading Volumes Surge In July, But: 'Still Early In The Bull Cycle,' Bernstein Says

Stifel analyst Simon Yarmak maintains VICI Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VICI#NYSE">VICI</a>) with a Buy and raises the price target from $34.75 to $35.

VICI

Stifel Maintains Buy on VICI Properties, Raises Price Target to $35

Wells Fargo analyst Joseph Quatrochi maintains Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) with a Equal-Weight and raises the price target from $95 to $98.

LRCX

Wells Fargo Maintains Equal-Weight on Lam Research, Raises Price Target to $98

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Oppenheimer analyst Matthew Biegler initiated coverage on CytomX Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTMX#NASDAQ">CTMX</a>) with an Outperform rating and announced a price target of $7. CytomX Therapeutics shares closed at $2.32 on Wednesday. <a href="https://www.benzinga.com/quote/ctmx/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer analyst Leland Gershell initiated coverage on Lexeo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEO#NASDAQ">LXEO</a>) with an Outperform rating and announced a price target of $20. Lexeo Therapeutics shares closed at $4.65 on Wednesday. <a href="https://www.benzinga.com/quote/lxeo/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup initiated coverage on Life360, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIF#NASDAQ">LIF</a>) with a Buy rating and announced a price target of $90. Life360 shares closed at $76.40 on Wednesday. <a href="https://www.benzinga.com/quote/lif/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying CTMX stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/CTMX/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="604" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31120111/image-509-1024x604.png" alt="" class="wp-image-1009479" style="width:609px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31120111/image-509-1024x604.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31120111/image-509-300x177.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31120111/image-509-768x453.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/31120111/image-509.png 1097w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/07/46756402/top-2-risk-off-stocks-that-may-keep-you-up-at-night-this-month">Top 2 Risk Off Stocks That May Keep You Up At Night This Month</a></li>
</ul>
Photo via Shutterstock

Initiation

CTMX

LXEO

This Lexeo Therapeutics Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Thursday

Stifel analyst Ruben Roy maintains TTM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTMI#NASDAQ">TTMI</a>) with a Buy and raises the price target from $40 to $55.

TTMI

Stifel Maintains Buy on TTM Technologies, Raises Price Target to $55

PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF

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PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF

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Ultime notizie per PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF (BATS:PJFM)

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